Okla. Lottery proceeds top projections by $12M

Okla. Lottery director says lottery proceeds to state top $70M for year, exceed estimate

Associated Press

OKLAHOMA CITY (AP) -- The head of the Oklahoma Lottery says proceeds for education exceeded projections by $12 million during the fiscal year that ended June 30.

Oklahoma Lottery Executive Director Rollo Redburn announced Monday the lottery's total contribution to the state was $70.1 million over the year. That's more than the projected $57.5 million.

Redburn said it was the fourth consecutive fiscal year that total collections outpaced projections, including $12.4 million more than the estimate in the 2012 fiscal year.

Redburn says the state lottery's total share to public education in Oklahoma since its launch in 2005 is more than $550 million. The money goes mostly to K-12 schools and colleges and universities, with a smaller portion dedicated to career and technology centers.

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